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Pro tip: The envelope method for variable bills saved me $140 last month
I was always guessing on utility bills that change each month, and I kept coming up short. So I started setting aside a flat $50 from each paycheck into a separate envelope labeled "variable bills." After 3 months, I had enough to cover my electric and water bills without stress. Does anyone else use a similar system for unpredictable costs?
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miab878d ago
My neighbor swore by this and I totally dismissed it until I tried setting aside $60 a paycheck for car repairs and it actually worked. Honestly changed my whole view on budgeting for unpredictable stuff.
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the_jordan8d ago
Man, I used to be the same way. It just felt like another way to nickel and dime yourself, you know? But then my starter went out in a parking lot and I had to get a tow... that changed my mind real quick. Now I do $50 a paycheck into a separate account for that stuff. It's a pain when it comes out but way less of a pain than scrambling for a grand at the last minute.
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the_elizabeth8d agoMost Upvoted
Scrambling for a grand at the last minute." That's basically my middle name. I'm the queen of "I'll figure it out later" until my car makes that awful death rattle noise on the highway. $50 a paycheck sounds way less embarrassing than begging my dad for help again. Might actually try it.
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